Facts of the
Case
The petitioner, Ashok Jain, was subjected to
reassessment proceedings initiated by the Income Tax Department on allegations
of involvement in VAT evasion and use of bogus documents. The Revenue alleged
that income amounting to ₹86,45,876 had escaped assessment.
A show cause notice dated 13.03.2023 was issued proposing variation in income. The petitioner sought additional time via communication dated 22.03.2023 to collate relevant material. However, without addressing this request, the Assessing Officer passed an assessment order dated 12.04.2023 under Sections 147 read with 144B of the Income Tax Act.
Issues
Involved
- Whether passing an assessment order without deciding the request
for adjournment violates principles of natural justice.
- Whether reassessment proceedings under Sections 147/148A(b) can be
sustained when procedural fairness is not followed.
- Whether allegations relating to VAT refund can lead to escapement of taxable income.
Petitioner’s
Arguments
- The petitioner contended that the allegation pertained to VAT
refund and not VAT evasion, which cannot result in escapement of income.
- It was argued that sufficient time was required to gather relevant
documents and evidence.
- The Assessing Officer acted arbitrarily by passing the order without responding to the adjournment request, thereby violating principles of natural justice.
Respondent’s
Arguments
- The Revenue alleged that the petitioner was involved in VAT evasion
through bogus documentation.
- It was contended that income chargeable to tax had escaped
assessment.
- The respondent relied on the material available on record to justify the reassessment proceedings.
Court
Findings / Order
- The Court observed that the Assessing Officer failed to consider
the petitioner’s request for extension of time.
- This amounted to a clear violation of principles of natural
justice, as the petitioner was entitled to know whether his request had
been accepted or rejected.
- Accordingly, the impugned assessment order dated 12.04.2023 was set
aside.
- The Assessing Officer was granted liberty to pass a fresh order in accordance with law.
Important
Clarifications by Court
- The petitioner was directed to file a reply to the notice issued
under Section 148A(b) within four weeks.
- The Court clarified that it had not examined the merits of the
case.
- All consequential notices, including demand and penalty notices, were held to collapse upon setting aside of the assessment order.
Sections
Involved
- Section 147 – Income escaping
assessment
- Section 144B – Faceless assessment
- Section 148A(b) – Opportunity of being
heard before issuance of notice under Section 148
Link to download the
order -https://delhihighcourt.nic.in/app/showFileJudgment/60823052023CW70792023_145153.pdf
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